Invst LLC Sells 33,677 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Invst LLC lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 92,409 shares of the exchange traded fund’s stock after selling 33,677 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 1.1% of Invst LLC’s investment portfolio, making the stock its 22nd largest holding. Invst LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,065,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TLT. Riggs Asset Managment Co. Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $35,000. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $35,000. Anfield Capital Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth approximately $36,000. PSI Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 79.6% during the 2nd quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 183 shares during the last quarter. Finally, Ridgewood Investments LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $42,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.5 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $93.08 on Wednesday. The stock’s fifty day moving average is $92.80 and its two-hundred day moving average is $94.46. iShares 20+ Year Treasury Bond ETF has a 52 week low of $87.34 and a 52 week high of $101.64. The company has a market capitalization of $60.30 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were issued a $0.325 dividend. The ex-dividend date was Monday, December 2nd. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous dividend of $0.31.

About iShares 20+ Year Treasury Bond ETF

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.